The French & European leader with global geographic coverage

Amundi’s success is built on the expertise of close to 5,000 employees and market experts in 37 countries. Operating in Europe, Asia-Pacific, the Middle East and the Americas, Amundi has 6 main investment hubs in Boston, Dublin, London, Milan, Paris and Tokyo, and another 10 local investment centres.

Financial results

Breakdown of combined assets by asset class

at 31 december 2017

Breakdown of combined assets by client type

at 31 december 2017

Amundi group’s activity and results in 2017

In 2017, Amundi further accelerated its growth dynamic, with net inflows reaching €71bn, and a net combined adjusted income of €918m, up 14.1% from 2016. All the objectives set when the Group was first floated have been exceeded. Combined assets under management amount to €1,426bn at 31 December 2017, with the addition of Pioneer Investments’ own AUM (€243bn), consolidated as of July 2017. High levels of net inflows and a positive market effect (+€27bn) particularly on equities, also explain this performance.

Amundi’s stock market performance

2017 proved another outstanding year for Amundi shares: +42.1%, to end up the year at €70.65, outperforming both market indexes and their main peers on the stock market (European asset managers). The Group’s market capitalization reached €14 billion, becoming Europe’s number one and entering the world’s top five for publicly traded asset managers.

Change in Amundi's share price

From 31 december 2016 to 31 december 2017Comparison with SBF 120 (Recalculated based on the Amundi share price)

Amundi-Pioneer Investments:the major phases of the integration

As soon as the merger was announced, the Amundi and Pioneer Investments teams started to work on defining the new Group’s strategic positioning and preparing the various phases of the integration process. This made it possible to implement the actual merger and its expected synergies on closing day, in July 2017.

Strategic ambitions 2018-2020

Amundi’s history is first and foremost one of growth. Since its creation, in 2010, the Group has more than doubled its amount of assets under management. The model and strategy, that place clients at the heart of the organisation, have been reinforced with the integration of Pioneer Investments and remain the pillars upon which Amundi aims to build its ongoing development: by 2020, the ambition is to become one of the leaders in the global asset management industry.

Financial objectives for 2020:

Yves Perrier

Chief Executive Officer of Amundi

“In the 2018 – 2020 time period, we aim at accelerating our growth and profitability, with in particular a two-fold increase in net income in relation to the level seen at the time of Amundi’s listing.”

Dividend

Profitability

These objectives are based on the following hypotheses: no market effect and a stable average margin. (1) Amortisation of distribution contracts not included / (2) Integration costs not included. / (3) Combined and adjusted 2017 net result, including a normalised level of financial products.